Word: businessman
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Dates: during 1930-1939
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More interesting than Canada's banking problems to many a U.S. businessman is her recovery from Depression. With no New Deal to titillate prices, only intra-Empire tariff preferences to promote business, Canada since last February has staged an economic comeback almost equal to that of the U. S. Her bank clearings are 27% ahead of last year, her car-loadings up 7%, her wholesale price index stands at 70.5 as compared to 66.6 a year ago and 63.6 in February. Drought has put her wheat up to 80? (from a low of 50?). Her busy gold mines...
...economic misery rooted chiefly in the low price of sugar. To supply the Allies with sugar during the War, Cuba became virtually a one-crop country, suffered terrific hardship when the sugar boom collapsed. In 1924 Conservatives and Liberals united to elect Gerardo Machado who was hailed as a "businessman President" much as was Herbert Hoover later. President Machado has cooperated actively in the Chadbourne Plan of world sugar crop restriction, but with U. S. tariffs soaring higher and higher against Cuban sugar the business of government in Havana became more and more that of preserving order among an impoverished...
...dear to the heart of Herbert Hoover when he was Secretary of Commerce was that Department's Bureau of Foreign & Domestic Commerce. When he became President he continued to build it up and expand its functions into a world-wide organization primarily interested in helping the U. S. businessman sell his goods abroad. If Johannesburg wanted washing machines or Brisbane underwear or Budapest typewriters or Edmonton corkscrews, what came to be known as "Hoover's Foreign Legion" would hear of it first and flash the news to the Department which then broadcast trade orders to U. S. industry...
...reward" of 40? on the dollar for the bonds than stand the full loss covered by their policies. Repurchase of loot from the famed $1,000,000 Grand National Bank robbery in St. Louis two years ago broke a first-class scandal involving many a St. Louis lawyer, businessman and politician...
There was other evidence last week that business, kindly as it felt towards the Administration's recovery efforts, loud as it was in declaring so, inevitably had other interests at heart. Hardly a businessman in the whole U. S. but has taken forehanded measures tending to nullify the recovery program temporarily: has bought supplies or manufactured goods for future use before the new codes and higher prices go into effect. Obvious result is to lessen the amount of employment that will be available after wages are raised, hours shortened. In the oil industry many a company has stored cheap...